How much is the percentage of income earned by the highest quintile on Lorenz curve Q?
55
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Which of the following are policies that can affect cyclical unemployment?
a. adjust interest rates b. provide welfare assistance c. regulate hiring practices d. provide unemployment compensation
A production indifference curve describes the input combinations that will produce a given output
a. True b. False Indicate whether the statement is true or false
Utilitarians believe that the proper goal of the government is to maximize the sum of the utilities of everyone in society
a. True b. False Indicate whether the statement is true or false
Large commercial banks are considered to be market makers because:
A) without them, there would be no foreign exchange market B) they can easily manipulate the value of currencies in the foreign exchange market C) they are willing to buy and sell major currencies at any time D) they created the foreign exchange market